this is consolidation at the moment. cementing in 30c base.this...

this is consolidation at the moment. cementing in 30c base.

this will not drop quickly any time soon as the top 10 shareholders hold just over 60% so very tightley held and these are people with long term views.

Plus a side note we have an Indian holder that has 16% of company and indians are snapping up coal. Yesterday an indian conglomerate paid $800+mill for Griffins coal assets which are inland in collie and have resources of 1 billion tons. You guys do the math ie when looking at resource figures REY is aiming for.